A Houston-based medical device company with technology developed out of the University of Texas M.D. Anderson Cancer Center has raised $9 million, according to a filing with the Securities and Exchange Commission.
The stealth-mode startup is developing technology that will aid in methods for medical and cosmetic treatments using electro-hydraulic generated shockwaves. It could be used for reducing tattoos or to treat or reduce certain conditions, according to a patent filed with the U.S. Patent And Trademark Office.